WAEC SSCE - General Mathematics - 2006 (Objective)

Question 1 Report

A seller allows 20% discount for cash payment on the marked price of his goods. What is the ratio of the cash payment to the marked price

1:4

1:5

3:4

4:5 Correct answer

Answer Details

If the seller allows a 20% discount for cash payment, then the customer will only have to pay 80% of the marked price. Let MP be the marked price and CP be the cash payment. CP = 80% of MP CP/MP = 80/100 CP/MP = 4/5 Therefore, the ratio of the cash payment to the marked price is 4:5. So the correct answer is option (D) 4:5.






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